OLD Mission Capital LLC Makes New Investment in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY)

OLD Mission Capital LLC acquired a new stake in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 22,167 shares of the company’s stock, valued at approximately $556,000.

TappAlpha SPY Growth & Daily Income ETF Stock Performance

Shares of TSPY opened at $20.92 on Friday. The company’s fifty day simple moving average is $24.43 and its 200 day simple moving average is $25.18. TappAlpha SPY Growth & Daily Income ETF has a 1-year low of $20.85 and a 1-year high of $26.96.

TappAlpha SPY Growth & Daily Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, April 2nd were paid a $0.2711 dividend. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $3.25 annualized dividend and a yield of 15.55%.

TappAlpha SPY Growth & Daily Income ETF Profile

The TappAlpha SPY Growth & Daily Income ETF (TSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide a balanced approached to growth and income from US large-cap equities. The fund holds long exposure to the S&P 500 Index and writes daily out-of-the-money calls, using 0DTE options.